Home Insurance in Mutual, Oklahoma
The median home in Mutual was built in 1939 or earlier. About 70% of homes were built before 1960, about 45 points above Woodward County's 24%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Mutual, the housing stock is 70% single-family homes and 30% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
Almost no owner-occupied homes in Mutual carry a mortgage.
Mutual has an owner-occupancy rate of 55% and a vacancy rate of 33%; unoccupied homes typically need a different coverage form.
Most homes in Mutual - 77% - are primarily heated with natural gas.
Woodward County's top FEMA-rated hazard is wildfire (Relatively Moderate), per FEMA's National Risk Index. Woodward County had 74 active NFIP flood policies as of September 2026. See the full Woodward County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Oklahoma carries a statewide average premium of $2,486 per year.
Key figures
| Median year built | 1939 or earlier |
|---|---|
| Owner-occupied share | 55% |
| Share of owner-occupied homes with a mortgage | 0% |
| Top county hazard | Wildfire (Relatively Moderate) |
| Active NFIP policies in Woodward County | 74 |
| Home insurance premium | $2,486 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)